The Future of Manufacturing Subscription Models
How manufacturers configure the optimal deal with subscription business models
According to Gartner, more than 70% of organizations are considering selling service subscriptions. Subscriptions promise higher profit margins than product sales and offer a predictable, recurring revenue stream. Organizations offering subscriptions are less impacted by economic downturns and more likely to recover quickly after taking a hit.
Subscriptions are all around us in our daily lives, and they also caused a shift in manufacturers’ business models. With core technologies such as IoT and big data analytics available and mature, manufacturers can offer tailor-made subscription-based products and services that generate new revenue and build lasting customer relationships.
The shift to subscription business models is a journey. Whether you are selling products with matching services or considering equipment-as-a-service subscriptions, the road ahead is challenging. Learn more about potential roadblocks, opportunities, and examples from leading manufacturers in our eBook, the Future of Manufacturing Subscription Models.
Subscriptions Built for Manufacturing
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It’s time to configure the optimal deal with CPQ and subscription pricing for manufacturing
Always offer the correct and optimal service contract for the specific configured equipment
Combine one-time, recurring, and usage-based charges to optimize your pricing
Forecast monthly recurring revenue (MRR) and annual recurring revenue (ARR)
Tacton Subscription Pricing for Manufacturing
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Tacton enables Smart Commerce for manufacturing. Powered by Configure, Price, Quote (CPQ) software, Visualization and more Tacton helps manufacturers create a streamlined sales process while also providing your customers a new and exciting online buying journey.
“Gartner recognizes Tacton as a ‘Visionary’ in the 2020 Magic Quadrant for CPQ Application Suites.”